It was a hard fought battle in virtual boardrooms across Ontario – critical business decisions were being made and equity was being built in the Sprott Business Competition today. Gabriel Bolduc and Yoshiki Nakayama were Ridley’s titans of business making it past the initial round of 4, 900 participants – only 101 advanced.
After an intense morning, Gabriel advanced to the Semi-Finals by finishing 8th in Ontario with a total Shareholder’s Equity of $5.49 million, while Yoshiki bowed out holding his head high, having finished in 51st position in all of Ontario with Shareholder’s Equity of $3.63 million.
In the Semi-Final portion of the competition run this afternoon, Gabriel had a wild-ride, at times sitting in 18th position and then moving up to 3rd overall in Ontario. In the end, he just missed out on an invitation to Carleton University for the Final 8 by finishing 4th in his industry (The top 2 players from each of 4 industries move on to the final), yet 7th overall, due to not having enough employees and having to spend too much on over-time pay to maintain his production levels.
Speculation abounds as to whether Gabriel purposely threw away the win in order to be able to attend review day next Friday and focus more on his upcoming Gr.12 exams (Particularly Advanced Functions), with sources close to Gabriel stating that ‘he decided to pursue the most responsible course’.
Please join me in congratulating both Gabriel and Yoshiki on their achievements in a business simulation that brings the curriculum they are studying to life.